{"product_id":"the-art-of-trading-isbn-9781394171743","title":"The ART of Trading","description":"\u003cp\u003e\u003cb\u003eA comprehensive, all-in-one resource for building a successful trading system\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIn the newly revised second edition of \u003ci\u003eThe ART of Trading: A Complete Approach for Traders and Investors in the Financial Markets,\u003c\/i\u003e veteran trader and bestselling author Bennett McDowell delivers an intuitive and comprehensive system for trading success. In the book, you'll learn the trading rules, risk management techniques, mindsets, and trade debriefing strategies you need to master the markets and enjoy market-beating returns.\u003c\/p\u003e \u003cp\u003eThe author explains how to identify intelligent entry and exit opportunities, as well as trade management strategies, trading psychology insights, and more. He also outlines:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eHow to design, test, and apply your own custom system of trading rules\u003c\/li\u003e \u003cli\u003eHow to avoid the twin traps of fear and greed that poison the returns of so many unwary traders\u003c\/li\u003e \u003cli\u003eHow to create a sound and effective risk control system that protects you against catastrophic losses without limiting your ability to find profitable opportunities\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAn outstanding, all-in-one resource for day traders, retail investors, and fund managers, \u003ci\u003eThe ART of Trading\u003c\/i\u003e walks you through every relevant aspect of building a winning trading strategy.\u003c\/p\u003e \u003cp\u003eIntroduction ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xxv\u003c\/p\u003e \u003cp\u003eDisclaimer xxvii\u003c\/p\u003e \u003cp\u003eEpigraph xxix\u003c\/p\u003e \u003cp\u003e\u003cb\u003eStep I: Focus on Reality 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 1: Reality Check 3\u003c\/p\u003e \u003cp\u003eChapter 2: Perception Versus Reality 9\u003c\/p\u003e \u003cp\u003eChapter 3: Too Good to Be True? 25\u003c\/p\u003e \u003cp\u003eChapter 4: Price, Volume, and Momentum 31\u003c\/p\u003e \u003cp\u003eChapter 5: Get Down to Business 39\u003c\/p\u003e \u003cp\u003e\u003cb\u003eStep II: Develop the Trader’s Mindset 49\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 6: Your Mindset 51\u003c\/p\u003e \u003cp\u003eChapter 7: Brain Power 61\u003c\/p\u003e \u003cp\u003eChapter 8: Stress Reduction 73\u003c\/p\u003e \u003cp\u003eChapter 9: Fitness 85\u003c\/p\u003e \u003cp\u003eChapter 10: Nothing to Fear 103\u003c\/p\u003e \u003cp\u003e\u003cb\u003eStep III: Implement Risk Management 119\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 11: Risk Management Essentials 121\u003c\/p\u003e \u003cp\u003eChapter 12: Win Ratio and Payoff Ratio 129\u003c\/p\u003e \u003cp\u003eChapter 13: Trade Size Matters 139\u003c\/p\u003e \u003cp\u003eChapter 14: Stop-loss Exit Strategies 149\u003c\/p\u003e \u003cp\u003eChapter 15: Trader’s Recordkeeping Forms 157\u003c\/p\u003e \u003cp\u003e\u003cb\u003eStep IV: Design Your Trading Rules 169\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 16 The Hardest Rule to Follow 171\u003c\/p\u003e \u003cp\u003eChapter 17 Understanding Financial Markets 181\u003c\/p\u003e \u003cp\u003eChapter 18 Customize Your Rules to You 237\u003c\/p\u003e \u003cp\u003eChapter 19 Your 10 Rules Trading Template 253\u003c\/p\u003e \u003cp\u003eChapter 20 Testing and Proving Your Edge 297\u003c\/p\u003e \u003cp\u003e\u003cb\u003eStep V: Scan for Opportunities 305\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 21 Needle in the Haystack 307\u003c\/p\u003e \u003cp\u003eChapter 22 Scanning Strategies 313\u003c\/p\u003e \u003cp\u003eChapter 23 Building Your Watch List 331\u003c\/p\u003e \u003cp\u003e\u003cb\u003eStep VI: Manage the Trade 339\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 24: It Ain’t Over Till It’s Over 341\u003c\/p\u003e \u003cp\u003eChapter 25: Trade Management Strategies 349\u003c\/p\u003e \u003cp\u003e\u003cb\u003eStep VII: Debrief the Trade 363\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 26: Learn from History 365\u003c\/p\u003e \u003cp\u003eChapter 27: Debriefing Strategies 375\u003c\/p\u003e \u003cp\u003e\u003cb\u003eEpilogue: Trading Is the Perfect Business 389\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix A: Advanced Techniques 413\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTechnique 1: Elliott Wave and Fibonacci 415\u003c\/p\u003e \u003cp\u003eTechnique 2: Multiple Time Frame Analysis 457\u003c\/p\u003e \u003cp\u003eTechnique 3: Scaling Out of and Into Trades 475\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix B: Resources 483\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eResources 1: Brokers, Data Feeds, and More 485\u003c\/p\u003e \u003cp\u003eResources 2: Technology Tips 505\u003c\/p\u003e \u003cp\u003eResources 3: Books, Movies, and Websites 513\u003c\/p\u003e \u003cp\u003eAbout The Website: Online Information Portal 535\u003c\/p\u003e \u003cp\u003eGlossary 539\u003c\/p\u003e \u003cp\u003eAbout the Author 565\u003c\/p\u003e \u003cp\u003eIndex 567\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eBENNETT A. M\u003csmall\u003eC\u003c\/small\u003eDOWELL \u003c\/b\u003eis the founder of TradersCoach.com\u003csup\u003e®\u003c\/sup\u003e and the developer of the proprietary Applied Reality Trading\u003csup\u003e®\u003c\/sup\u003e (ART) system. Today, the ART system is used by investors in over 85 countries around the world by retail investors, active traders, and hedge fund managers. He is an expert in technical analysis, trading psychology, and money management.   \u003c\/p\u003e\u003cp\u003eIn the newly revised second edition of \u003ci\u003eThe ART\u003csup\u003e®\u003c\/sup\u003e of Trading: A 7-Step Approach for Traders and Investors in the Financial Markets\u003c\/i\u003e, renowned trader and four-time bestselling author Bennett McDowell delivers a comprehensive and incisive approach for profitable trading and investing. In the book, you’ll find an all-in-one resource packed with strategies on critical investing and trading skills, from identifying intelligent entries and exits to trade management, trading psychology insights, risk control techniques, and more. \u003c\/p\u003e\u003cp\u003eThe author provides engaging, expert instruction in the four major areas of trading, which he calls the \u003ci\u003eART\u003csup\u003e®\u003c\/sup\u003e Pie\u003c\/i\u003e: trading rules, risk management, traders’ mindset, and trade debriefing. He also walks you through the seven steps to success he’s identified in his extensive finance and investing career. \u003c\/p\u003e\u003cp\u003eFilled with practical tips you can apply immediately to improve and refine your trading strategy, \u003ci\u003eThe ART\u003csup\u003e®\u003c\/sup\u003e of Trading \u003c\/i\u003edives into the psychology of trading—and how to avoid the twin pitfalls of fear and greed—as well as techniques for implementing a viable and effective risk management system that limits your losses without unnecessarily impeding your ability to find big wins. You’ll also learn how to design and test your own trading rules from scratch, ensuring your system remains on sound and stable ground. \u003c\/p\u003e\u003cp\u003eA must-have resource for day traders, retail investors, and portfolio managers, \u003ci\u003eThe ART\u003csup\u003e®\u003c\/sup\u003e of Trading\u003c\/i\u003e is an intuitive, powerful, all-in-one guide to participating in the financial markets as an investor and trader. If you apply its lessons, you’ll become more skilled and effective with a deeper knowledge of the systems, rules, and trends that drive success.   \u003c\/p\u003e\u003cp\u003e\u003cb\u003eA one-stop resource for trading success from a renowned investing expert\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eThe second edition of \u003ci\u003eThe ART\u003csup\u003e®\u003c\/sup\u003e of Trading: A 7-Step Approach for Traders and Investors in the Financial Markets \u003c\/i\u003eis a practical and complete system for investing and trading success. Bestselling author and market veteran Bennett McDowell walks you through the systems and rules you’ll need to understand and apply to consistently achieve profitability in the financial markets. \u003c\/p\u003e\u003cp\u003eThe author dives deep into the psychological concepts immediately relevant to all traders, helping you avoid the twin pitfalls of fear and greed that poison the returns of so many promising traders and investors. You’ll also learn how to enter and exit trades, manage them from beginning to end, and properly debrief them so that you’re learning everything you can from each decision you make. \u003c\/p\u003e\u003cp\u003eA startlingly insightful and powerful resource for anyone seeking success in the markets, the second edition of \u003ci\u003eThe ART\u003csup\u003e®\u003c\/sup\u003e of  Trading\u003c\/i\u003e will secure this book’s reputation as an indispensable companion for day traders, individual investors, and fund managers alike. It contains everything you need to remain or become profitable in the financial markets.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990162915557,"sku":"NP9781394171743","price":75.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781394171743.jpg?v=1761786743","url":"https:\/\/k12savings.com\/es\/products\/the-art-of-trading-isbn-9781394171743","provider":"K12savings","version":"1.0","type":"link"}